Property for Auction in Nellore, Nellore, Andhra Pradesh
Auction ID:531298
Bank Name:State Bank of India
Branch Name:Stressed Assets Recovery Branch
Reserve Price:₹1,53,00,000
EMD:₹15,30,000
Service Provider:BAANKNET
Submission Date:09-08-2025 05:00 PM
Bid Start Date:11-08-2025 11:00 AM
The property is a residential building constructed on a plot of land in Nellore, Andhra Pradesh. It is located in Chandramouli Nagar, Vedayapalem area, within the Nellore Municipal Corporation limits. The site area is 222.969 sq. meters (266.66 sq. yards). The building consists of three floors (Ground, First, and Second), each measuring 1,800 sq. ft., constructed with RCC. The property is bounded by the site of Pasumarthi Bujjaiah to the East, houses of Devella Audemma and Devella Aademma to the West and North respectively, and a layout road to the South.
State:Andhra Pradesh
City:Nellore
Area:Nellore
Asset Category:Residential
This is a SARFAESI auction conducted by the State Bank of India for a residential property located in Nellore, Andhra Pradesh. The property is a plot of land with a constructed residential building comprising a ground floor, first floor, and second floor, each 1,800 sq. ft. The total site area is 33 ankanams and 24 sq. ft., equivalent to 222.969 sq. meters or 266.66 sq. yards. The property is identified as Plot No. 23-A, Door No. 26-1-1030, in Chandramouli Nagar, Vedayapalem area. The auction has a reserve price of INR 15,300,000.00 and an EMD of INR 1,530,000.00. The auction will be held on 11-08-2025 from 11:00 AM to 04:00 PM. The property is in the name of Smt Kangaluru Drakshayani and Sri Kangaluru Gangadhar. Contact for inquiries: Sri Shahensha Hussain at 9989179786.
Borrower Name:M/s.G.K. Builders
Auction Type:SARFAESI Auction
Contact : Sri Shahensha Hussain9989179786